Hiddn Solutions ASA has completed the acquisition of Hiddn Security AS

Reference is made to the announcement from Hiddn Solutions ASA (the "Company") on 25 November 2016 regarding the agreement and offer to acquire shares in Hiddn Security AS ("Hiddn Security") (the "Transaction").

The Company has today completed the Transaction. In accordance with the resolution from the Company's extraordinary general meeting on 16 December 2016, shareholders representing approximately 90.5% of the total amount of outstanding shares in Hiddn Security have been issued 32,826,708 new shares in the Company in exchange for 17,931,392 shares in Hiddn Security. Consequently, the Company owns approximately 90.5% of the shares in Hiddn Security. The shares in the Company issued in connection with the Transaction is placed on a separate ISIN up until publication of a prospectus.

The share capital increase pertaining to the share issuance have been registered with the Norwegian Register of Business Enterprises and the Company's share capital is now NOK 12,162,060.10 divided into 35,770,765  shares, each with a nominal value of NOK 0.34.

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Contact person: CEO, Tore Viana-Rønningen (phone +47 911 08 693)